DXY HEADING INTO LAST WEEK OF JULY U.S. Dollar Currency IndexTVC:DXYLoughTime303DXY ZONES WEEKLY TF, TO DAILY, TO 4HR ANALYSIS. The successful devaluation of the dollar by the administration since the election continues. DXY dumped below key daily support at 97.600. It was reclaimed but failed at key daily resistance dating back to 2024 — the same zone as the 0.382 Fibonacci level. Failure to gain support at 97.580 (0.23 Fib level) = a bearish signal for the dollar index (DXY), potentially sending it back down to the 97.100–97.200 range. If that breaks, look for a further continuation toward the 96.700–96.800 zone. This is a big week for news, reports, and interest rate decisions for the U.S., EUR, and CAD, as we close out July. Still bearish on DXY for now. However, if the dollar can break through the 97.950–98.000 range and catch support — then push past the 98.135–98.200 zone (0.618 Fib level) — I’ll be looking for a long entry on DXY up to the 98.900–99.400 zone for the next test. Again, I remain bearish for now, but depending on the data and what the Fed does with U.S. rates, we could see a strong DXY this week. Until we pass those zones, I’m staying bearish. New to trading (6 months in) — before you leave any hate comments: I’m here to learn and would genuinely appreciate any advice or help in becoming better and more thorough.